News

Retail
TikTok Expands Online Retail Offerings to Compete With Shein and Amazon 
June 21, 2023

In a bid to compete with rivals like Shein and Amazon, TikTok is broadening its online retail offerings. ByteDance, the Chinese parent company of the video-sharing app, has started selling products directly through its platform. Get the Full Story Complete the form to unlock this...

Retail
How Amazon Is Transforming a Sensory-Based Industry Through Digital
June 21, 2023

Amazon is reportedly on track to surpass Walmart and emerge as the leading beauty retailer in the United States by 2025. But how is that so in an industry that particularly thrives on sensory experiences, personal interactions and physical treatments? Get the Full Story Complete...

Retail
Shopify Offers Shop Pay to Enterprise Retailers as Standalone Component
June 21, 2023

Shopify has made its Shop Pay checkout available to enterprise retailers as a standalone component. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Security & Fraud
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Retail
Virtual Try-On Software Searches for Competitive Advantage as Big Tech Steps In
June 21, 2023

In the ever-evolving landscape of technology dominated by artificial intelligence (AI) and augmented reality (AR), numerous solution providers, including industry giant Google, are vying for supremacy.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
FedEx: Consumers Shifting Spending From eCommerce to Entertainment and Services
June 20, 2023

FedEx has seen consumers shift their spending from eCommerce to entertainment and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Security & Fraud
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Artificial Intelligence
Report: OpenAI Lobbied for Amendments to EU’s AI Act
June 20, 2023

OpenAI reportedly lobbied for — and got — changes to the European Union’s artificial intelligence (AI) legislation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

eCommerce
FTC: Online Marketplaces Need to Police Fake Goods
June 20, 2023

The Federal Trade Commission (FTC) is reminding online marketplaces of the duty to ferret out fake merchandise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...